Connected Lane County

Analysis

Connected Lane County is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Connected Lane County reported income of $4.8m and spending of $3.1m, leaving 36% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $310k to $4.8m (+1451%), an average of +294% a year. The sharpest change came in the year to June 2023, when income rose by 441%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Connected Lane County sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within OR. Charities of a similar size with the same main cause include Promontory School of Expeditionary Learning ($4.8m), Arizona Goodwill Education Services ($4.8m) and Central Kentucky Community Foundation Inc ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $145k (4.7% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $2.5m against liabilities of $741k, net assets of $1.7m. It reported 207 employees.